# Do Students Deserve a Bailout? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [June 11, 2009, 1:26pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012 "2009-06-11T13:26:49Z")\ **Posts on this page:** 20\ **Page:** 7
**Author:** ![9ONA3OOZX](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/9ona3oozx/32/7242_2.png) [@9ONA3OOZX](https://forums.speedlife.net/u/9ONA3OOZX)\ **Post date:** [June 12, 2009, 10:10am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/121 "2009-06-12T10:10:59Z")
> [@tpgsr](#): > > My loan debt was for school only. I see retards buying TV’s and ipods with loan money. Fuck that. I agree with newman. how is this different from the NUMEROUS CEO’s and high up exec’s of the bailed out companies getting ridiculous bonuses and taking cruises with the bailout money? ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [June 12, 2009, 10:14am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/122 "2009-06-12T10:14:54Z")
> [@slow84ta](#): > > :word: > > This is also why I didn’t vote for Obama, I knew this would happen You’re such a wonderfully ignorant voter. Great. Perfect. Just what we need. 👏 ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [June 12, 2009, 10:25am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/123 "2009-06-12T10:25:24Z")
> [@9ONA3OOZX](#): > > how is this different from the NUMEROUS CEO’s and high up exec’s of the bailed out companies getting ridiculous bonuses and taking cruises with the bailout money? Is this for serious or are you just trolling now? ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [June 12, 2009, 10:40am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/124 "2009-06-12T10:40:42Z")
The person that blogged it probably voted for Obama, so clearly this is Obama’s fault. That is why nobody should have voted for him. ---
**Author:** ![slow84ta](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/slow84ta/32/7265_2.png) [@slow84ta](https://forums.speedlife.net/u/slow84ta)\ **Post date:** [June 12, 2009, 11:06am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/125 "2009-06-12T11:06:07Z")
> [@MOBOOST4U](#): > > Obviously hes not saying that… Its just the idea that this group has the nerve to even propose this based on the amount of downright unreasonable handouts that have been given… that is sickening. Yes, exactly :grouphug: > [@boardjnky4](#): > > The person that blogged it probably voted for Obama, so clearly this is Obama’s fault. That is why nobody should have voted for him. :word: > [@Nikuk](#): > > You’re such a wonderfully ignorant voter. Great. Perfect. Just what we need. Obviously your a socialist if you voted for Obama, if you want socialism move the hell out of the US. The US is Capitalism. Which means the government shouldn’t be getting involved in companies like it has, I.E. BOA & ML… I just see the facts :gotme: ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [June 12, 2009, 11:15am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/126 "2009-06-12T11:15:58Z")
:roflpicard::roflpicard::roflpicard::roflpicard: :roflpicard::roflpicard: :roflpicard::roflpicard::roflpicard::roflpicard: ---
**Author:** ![MOBOOST4U](https://avatars.discourse-cdn.com/v4/letter/m/f4b2a3/32.png) [@MOBOOST4U](https://forums.speedlife.net/u/MOBOOST4U)\ **Post date:** [June 12, 2009, 11:16am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/127 "2009-06-12T11:16:27Z")
Aaaaannd its all downhill from here… ---
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [June 12, 2009, 11:17am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/128 "2009-06-12T11:17:41Z")
> [@slow84ta](#): > > Obviously your a socialist if you voted for Obama, if you want socialism move the hell out of the US. The US is Capitalism. Which means the government shouldn’t be getting involved in companies like it has, I.E. BOA & ML… > > I just see the facts :gotme: I see you have been thinking again ---
**Author:** ![MrSmith](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mrsmith/32/5254_2.png) [@MrSmith](https://forums.speedlife.net/u/MrSmith)\ **Post date:** [June 12, 2009, 11:18am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/129 "2009-06-12T11:18:22Z")
My wife and I have another mortgage payment every month because of our student loans. Still, I am not complaining. This great country lent us good money and financed our education at reasonable rates. I won’t get into grad school being over priced because that’s another story. Other parts of the world if you dont have the cash/come from a priviliged family no higher education for you. Our degrees allowed us to break into/succeed in our fields. Now I see it as another essential bill that will not go away. Not for a looong time. Mortgage heat electricity nelnet. And dont even get me started on the fucks who default on their student loans. If someone wants to pay off our student loans go right ahead. I promise to stimulate the economy by buying more car parts. ---
**Author:** ![chino](https://avatars.discourse-cdn.com/v4/letter/c/bcef8e/32.png) [@chino](https://forums.speedlife.net/u/chino)\ **Post date:** [June 12, 2009, 11:20am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/130 "2009-06-12T11:20:53Z")
> [@boardjnky4](#): > > Did your parents ever start a college fund? Did they take a chunk of their income and put at least SOME away for you? Maybe if they financed their cars smartly, they could have helped you out some. > > If they started when you were born, and put in 50/month you get this: > > 50 \* 12 = $600 per year saved > > 600 \* 17 = $10,200 saved by the time you are 17 years old. > > I would say that it’s MORE than fair for them to set aside $50/month. That is the same amount of the average cell phone bill. That $10k would have helped you a lot, and hurt them only a little bit(I would think). Maybe they couldn’t pay for ALL of your schooling, but they should be able to help a little. factor in interest and you have way more than 10k, i’m putting $100/check into college savings fund already. if my kid ends up being a dunce and not going to college, oh well, hookers and blow party. edit: and I’ll also +1 the bandwagon of: half of the kids i know that took student loans did stupid shit with the money. tards. ---
**Author:** ![dubbin91](https://avatars.discourse-cdn.com/v4/letter/d/ecccb3/32.png) [@dubbin91](https://forums.speedlife.net/u/dubbin91)\ **Post date:** [June 12, 2009, 11:25am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/131 "2009-06-12T11:25:26Z")
I guess I am a little different than a few of you posting. I graduated with 65K in student loans. I knew what I was getting into when I did it. My parents didn’t help other than picking up books for my first few semesters, and I did not get much financial aid. Yes I could have gone to a cheaper school for the same education, but felt the school I went to is what suited me for how I learn. I have nor problem paying back the money I borrowed for the next how many years, I know I will make that money if not more back over time. There should be no bail out money for people when it comes to school, you should know what your are getting into before you make the decision on where you go and what degree you get…I also was smart with my 65K, Finance and Account degree which I could have got cheaper. I also don’t feel that its the parents responsibility to pay for your child’s education. My parents could not afford to set aside 50 a month for me and my brother back when they had us. I am grateful that they put a roof over my head, feed me, put clothes on my back, loved, supported and taught me as I grew. They gave me a life long education without having to pay for it. As far as my own kids, I will set aside money for them for an education to help them out, but it will be different. I won’t tell them about it, make them work there way through school and when they graduate and earn the degree, pay there school of then for them. ---
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [June 12, 2009, 11:28am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/132 "2009-06-12T11:28:39Z")
the big flaw there is that your kids will think you’re a giant dick for being successful and not helping out. (assuming your success) ---
**Author:** ![slow84ta](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/slow84ta/32/7265_2.png) [@slow84ta](https://forums.speedlife.net/u/slow84ta)\ **Post date:** [June 12, 2009, 11:32am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/133 "2009-06-12T11:32:39Z")
> [@theblue](#): > > I see you have been thinking again :mamoru: thats a good one > [@dubbin91](#): > > I won’t tell them about it, make them work there way through school and when they graduate and earn the degree, pay there school of then for them. I would agree with theblue, If they don’t love out of high school, they will out of college. :tup: I just put a nice chunk into 529 for my 6 month old ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [June 12, 2009, 11:34am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/134 "2009-06-12T11:34:32Z")
> [@chino](#): > > factor in interest and you have way more than 10k, i’m putting $100/check into college savings fund already. if my kid ends up being a dunce and not going to college, oh well, hookers and blow party. > > edit: and I’ll also +1 the bandwagon of: half of the kids i know that took student loans did stupid shit with the money. tards. didn’t even think about the interest, good call I’de buy a sick car or boat with the money if the kid ends up bailing on college 😃 ---
**Author:** ![StrokedZ28](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/strokedz28/32/7592_2.png) [@StrokedZ28](https://forums.speedlife.net/u/StrokedZ28)\ **Post date:** [June 12, 2009, 11:54am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/135 "2009-06-12T11:54:34Z")
> [@slow84ta](#): > > Obviously your a socialist if you voted for Obama, if you want socialism move the hell out of the US. The US is Capitalism. Which means the government shouldn’t be getting involved in companies like it has, I.E. BOA & ML… > > I just see the facts :gotme: I think by facts you should try looking up the definition of socialism first. Damned if you do damned if you don’t. If Obama let the financial sector completely implode everyone would blame him for not acting aka Hoover. Since he continued the Bush policy of loaning money to large sectors of the economy now you are calling him a socialist. I guess in your mind it would be better to simply have 25% unemployment then to have any gov’t involvement. ---
**Author:** ![dubbin91](https://avatars.discourse-cdn.com/v4/letter/d/ecccb3/32.png) [@dubbin91](https://forums.speedlife.net/u/dubbin91)\ **Post date:** [June 12, 2009, 12:26pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/136 "2009-06-12T12:26:36Z")
> [@theblue](#): > > the big flaw there is that your kids will think you’re a giant dick for being successful and not helping out. (assuming your success) Well i’ll play it by ear then…as of now, I make OK money and I am single. So when I have a kid, I will worry about it. ---
**Author:** ![nappy1380](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nappy1380/32/7502_2.png) [@nappy1380](https://forums.speedlife.net/u/nappy1380)\ **Post date:** [June 12, 2009, 12:29pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/137 "2009-06-12T12:29:41Z")
> [@tpgsr](#): > > My loan debt was for school only. I see retards buying TV’s and ipods with loan money. Fuck that. I agree with newman. +1 Loans were for school and school only. I paid off what I could from the start and took a loan for the rest. ---
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [June 12, 2009, 12:36pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/138 "2009-06-12T12:36:43Z")
> [@slow84ta](#): > > Obviously your a socialist if you voted for Obama, if you want socialism move the hell out of the US. The US is Capitalism. Which means the government shouldn’t be getting involved in companies like it has, I.E. BOA & ML… > > I just see the facts On **October 14, 2008, Secretary of the Treasury Paulson and President Bush** separately announced revisions in the TARP program. The Treasury announced their intention to buy senior preferred stock and warrants in the nine largest American banks. Yep. Facts. How bout that. Carryon in your ignorance. ---
**Author:** ![blackout](https://avatars.discourse-cdn.com/v4/letter/b/439d5e/32.png) [@blackout](https://forums.speedlife.net/u/blackout)\ **Post date:** [June 12, 2009, 12:40pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/139 "2009-06-12T12:40:48Z")
> [@theblue](#): > > the big flaw there is that your kids will think you’re a giant dick for being successful and not helping out. (assuming your success) My parents make really really good money and they could easily have paid for my schooling, but I told them no. It’s their money. Now I have 30K in debt and I’m proud of the fact that I am paying my own school debt.(not that I wouldn’t take a Gov check if it was offered) ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [June 12, 2009, 12:42pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/140 "2009-06-12T12:42:03Z")
> [@blackout](#): > > My parents make really really good money and they could easily have paid for my schooling, but I told them no. It’s their money. Now I have 30K in debt and I’m proud of the fact that I am paying my own school debt.(not that I wouldn’t take a Gov check if it was offered) you are retarded you should have taken the money from your parents and then paid it back interest free. :fail: :picard: [Previous page](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012.md?page=6) [Next page](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012.md?page=8)